What was the total value of Checkersrallys' total assets?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
| Fair value of stock consideration Current assets Cash and cash equivalents Accounts and notes receivable, net Inventory Prepaid expenses Other current assets | $ 97,819 17,613 5,828 3,105 3,690 1,600 |
|---|---|
| Total current assets |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 91)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, the company's total assets amounted to $428,976. This figure represents the sum of all resources owned by Checkersrallys, including cash, accounts receivable, inventory, property, equipment, intangible assets, and other holdings.
For a prospective franchisee, understanding the total asset value of Checkersrallys provides insight into the financial scale and scope of the organization. A higher asset value can indicate a more established and stable company, which may be a positive factor for franchisees seeking a reliable business partner. However, it is essential to consider this figure in conjunction with liabilities and equity to gain a comprehensive understanding of the company's financial health.
It's also important to note that asset values can fluctuate over time due to various factors, such as market conditions, business performance, and accounting practices. Therefore, franchisees should review the financial statements carefully and consult with financial advisors to assess the implications of Checkersrallys's asset value on their investment decision. Additionally, comparing the asset value with previous years' reports can reveal trends and potential growth or decline, offering a more informed perspective.